Australian Ethical Super won the Rising Star award at SuperRatings Fund of the Year awards in Melbourne last week.
The award recognises Australian Ethical’s significant product changes that have benefited its members, including removing up-front fees and improving insurance.
SuperRatings CEO Nathan MacPhee said, “Australian Ethical was awarded our Rising Star award due to its significantly enhanced value for money with reduced fees and an improved insurance offering, while improving client service levels. ”
Australian Ethical Managing Director Phil Vernon said, “We are very proud to be recognised by respected industry researcher SuperRatings as a superfund that is increasingly providing great value for members, not just compared to other ethical or responsible investment options but compared to all the funds that SuperRatings surveys.”
“We have always had the highest conviction to ethical standards and believe our clients also deserve competitive investment returns, products and services. We have been on a path of improving these areas over the past few years and we are pleased that our efforts are recognised.”
The announcement comes on the back of a stellar month for Australian Ethical Investments, having also retained the Lonsec ‘Recommended’ rating for its flagship active Australian equities fund, the Smaller Companies Trust.